Monday, 6 January 2014

Women Bank

1. Bank Name :
Bharathiya Mahila Bank
2. Head Quarters : New delhi
3. Formation Panel chairman : M B N Rao
4. First CEO & Chairman ----------USha Anatha subramanyam ( Previous jobs in PNB and LIC )
5. Initial capital amount---------1000 Cr
6. Inaugurated in -------------------Mumbai
7. Inaugurated by ------------------- Dr.Manmohan singh
8. Opened------------- Nov 19
9. The following members along with a government nominee will constitute the board - Chhavi Rajawat – a sarpanch from Rajasthan, Nupur Mitra – ex-CMD of Dena bank, Renuka Ramnath of Multiples Alternate Asset Management, MBN Rao – Ex-CMD of Canara Bank, Tanya Dubash - Executive Director and President (Marketing) of the Godrej group and Kalpana Saroj – CEO of Kamani Tubes.
10. Bhartiya Mahila Bank proposes to complete the first Seven branches at Mumbai, Delhi, Kolkata, Chennai, Indore & Guwahati and Bagloore
11.Ananthasubramanian said the Mahila Bank, which has seed capital of Rs 1,000 crore from the government, will offer a higher interest rate of 4.5 per cent on savings account deposits till Rs 1 lakh and 5 per cent above Rs 1 lakh.

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